Garrett Bradshaw
template for letter to tenants after closing.
we are closing on a property very soon, and are going to put a letter to our tenants explaining a few things. would love to get yalls thoughts. it is a duplex that has both units rented out.
"Hello tenant, We are ...
Dave Rav
Insurance loss claim payment
Hello everyone! I continue to be disappointed (and quite disenfranchised!) with any and all insurance. Be it health insurance, homeowners insurance, or auto insurance at every turn the insurer seems to disappoint or...
Account Closed
prepaying rent
i met up with a potential tenant today at the property..he likes it..problem is he does not have a job..however he has a disability check for 3200..he wants to prepay 3 months rent and deposit all at the same time...h...
Ben Cochran
Who fills out the rental application after an open house viewing?
I've looked for this particular question and can't find it on the forums so I apologize if it's been asked and answered elsewhere. I bought a duplex, live in one side and renting the other. I'm holding a open house vi...
Mark Scarola
NPN Foreclosure & Remaining Equity in Property
I've seen a couple of conversations here on BP about what happens to any remaining equity in the event that a NPN holder forecloses on a property. The assumption for many seems to be that the investor would get all...
Robby Sanchez
No sellers disclosure
The owner of this property that I am submitting an offer on in round rock is choosing not to provide a sellers disclosure. I plan on getting an inspection but is this a red flag? TIA
Jason Measures
First Deal for $5k!
Hello BP!
At the end of January, I closed on my first rental property for $5,000 total purchase price. The seller's husband had died recently and already moved into another house, so the property was a major ...
Greg Lovern
Flippers: Do you sell FSBO or use a seller's real estate agent?
As a flipper, do you sell FSBO or use a seller's real estate agent? Does a good seller's agent raise the realistic selling price by the 3% it costs to hire them?I'm assuming you expect to pay the buyer's agent's 3%, o...
Wesley W.
Billing for minor damage to flooring
Hello All!So I had a turnover this week on a unit that, just two years ago, had brand new Pergo flooring installed. Upon move out there 2 places (in separate rooms) that have noticeable scratches at least 8 inches or...
Mark Belenky
What to do with new tenant who submits rent past agreed due date?
I have a new tenant of two months and as of now has submitted rent payment past the due date of the 1st of the month but, prior to the official "late date" of the 5th. We're definitely not off to a good start but, I ...